FieldNews
Subscribe
Compliance Glossary Term

Carbon Pricing

A government-imposed cost on greenhouse gas emissions, typically applied per tonne of CO2 equivalent. Subcontractors may face carbon charges on fuel, equipment operation, and fleet usage. These costs can affect project bids and operating margins if not factored into quotes.

Related Terms

Eminent Domain

Compliance

A government's legal right to seize private land for public use, with compensation paid to owners. For subcontractors, it can trigger sudden project delays or site access changes. Always confirm right-of-way status before mobilising crews or equipment.

FAR (Federal Acquisition Regulation)

Compliance

The FAR governs purchasing rules for U.S. federal contracts, including subcontractor requirements on government-funded projects. If your prime contractor holds a federal contract, FAR clauses flow down and bind your work. These rules cover pricing, record-keeping, audits, and labour standards you must follow.

RBI (Risk-based Inspection)

Compliance

A method that prioritises equipment inspections based on failure risk and consequence severity. Subcontractors may be required to follow RBI schedules set by operators rather than fixed calendar intervals. Understanding RBI helps field crews anticipate inspection scopes and mobilisation timing.

FCI (Federal Contract Information)

Compliance

Information provided by or generated for a federal government contract, but not intended for public release. Subcontractors handling FCI must meet specific cybersecurity and data protection requirements. Non-compliance can result in contract termination or disqualification from future federal work.

Bonded Operator License

Compliance

A licence that requires the holder to carry a surety bond as financial assurance that they will meet regulatory obligations, meaning subcontractors and field service companies must maintain this bond coverage to legally operate certain equipment or perform specific scopes of work on a client's site. For subcontractors, holding a bonded operator licence is often a prerequisite for bidding on contracts, as it signals to operators and general contractors that financial accountability is in place if work standards or regulatory requirements are not met.

CUI (Controlled Unclassified Information)

Compliance

Sensitive government or client data that requires protection but is not classified as secret. Subcontractors handling site plans, personnel records, or project specs may be legally required to safeguard CUI. Mishandling it can result in contract termination or regulatory penalties.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project by Aimsio